MFC:CA:TSX-Manulife Financial Corp (CAD)

COMMON STOCK | Insurance - Life |

Last Closing

CAD 39.24

Change

+0.27 (+0.69)%

Market Cap

CAD 69.65B

Volume

2.68M

Analyst Target

CAD 23.54
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-24 )

Largest Industry Peers for Insurance - Life

Symbol Name Price(Change) Market Cap
MFC-PL:CA Manulife Financial Corp Pref L

-0.09 (-0.39%)

CAD 66.26B
MFC-PN:CA Manulife Financial Corp Pref N

-0.28 (-1.31%)

CAD 61.23B
MFC-PF:CA Manulife Financial Corp Pref 3..

N/A

CAD 57.57B
GWO:CA Great-West Lifeco Inc.

+0.25 (+0.54%)

CAD 42.85B
POW:CA Power Corporation Of Canada

-0.26 (-0.60%)

CAD 27.41B
GWO-PQ:CA Great Wes 5.15 Q Non Cum Fst P..

N/A

CAD 27.04B
GWO-PT:CA Great-West Lifeco Inc

+0.28 (+1.28%)

CAD 26.61B
GWO-PS:CA Great West Lifeco Inc Pref S

+0.15 (+0.67%)

CAD 26.33B
PWF-PT:CA Power Financial Corp Pref T

-0.09 (-0.39%)

CAD 25.34B
PWF-PQ:CA Power Financial Corp Pref Q

N/A

CAD 24.81B

ETFs Containing MFC:CA

CEW WisdomTree Emerging Curre.. 0.00 % 1.44 %

+0.12 (+0.71%)

USD 7.44M
CRQ.A:CA 0.00 % 1.55 %

N/A

N/A
CRQ:CA 0.00 % 0.73 %

N/A

N/A
HEF.A:CA 0.00 % 1.61 %

N/A

N/A
HEX.A:CA 0.00 % 1.60 %

N/A

N/A
RCE:CA 0.00 % 0.43 %

N/A

N/A
RQK:CA 0.00 % 0.29 %

N/A

N/A
SHC:CA 0.00 % 0.71 %

N/A

N/A
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

+0.27 (+0.71%)

USD 0.41B

Market Performance

  Market Performance vs. Industry/Classification (Insurance - Life) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 34.02% 100% F 90% A-
Dividend Return 1.00% 3% F 31% F
Total Return 35.02% 100% F 90% A-
Trailing 12 Months  
Capital Gain 56.77% 100% F 92% A
Dividend Return 2.63% 10% F 45% F
Total Return 59.40% 100% F 92% A
Trailing 5 Years  
Capital Gain 63.23% 95% A 76% C+
Dividend Return 19.63% 23% F 74% C
Total Return 82.86% 95% A 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 11.89% 87% B+ 76% C+
Dividend Return 16.53% 81% B- 81% B-
Total Return 4.64% 61% D- 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 22.20% 29% F 40% F
Risk Adjusted Return 74.45% 97% N/A 86% B+
Market Capitalization 69.65B 100% F 98% N/A

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.